Kandi has already started work on its first parking and charging station fully dedicated to electric vehicles in Gudang Technology Park. That's the first step in a five-year plan to create a mini public transport hub, which would include up to 100,000 electric vehicle rentals.

lamonicabuzz$KNDI looking more & more like China's $TSLA. At least that's what traders think. $KNDI up 12% pre-market on plan for new charging stations.

If you thought 12% was good, the stock more than doubled that when trading opened and is now up about 22%. Lamonicabuzz, you hit the nail on the head with the Tesla comparison.

That's an extra dose of good news for Kandi. The index is designed to offer investors access to companies that offer "unique economic opportunities" in China. Kandi joins the likes of LDK Solar (LDK), JA Solar (JASO ) and China Ming Yang Wind Power (MY).